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Retail Center in Mesquite, NV 325 N Sandhill Blvd

5,254 SF 100% Leased Retail Building Mesquite, NV 89027 $2,850,000 ($542/SF) 4.84% Cap Rate

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INVESTMENT HIGHLIGHTS

1.15+/- net acres
Already has Jimmy John's sandwich shop and Fixxology
APNs: 001-16-501-006, 001-16-501-007, 001-16- 501-008, 001-16-501-009, and 001-16-501-010

Total rentable building area of 5,255 square feet.
Heavy traffic corner of North Sandhill Boulevard and East Old Mill Road

EXECUTIVE SUMMARY

Discover a prime retail investment opportunity with this property located in the Mesquite area. Zoned CR-2, this strategically positioned parcel offers a compelling prospect for prospective retail and street retail investors looking to capitalize on the vibrant commercial landscape of Mesquite. With its advantageous zoning and prime location, this property presents a rare opportunity for retail ventures to thrive and cater to the growing demand of the area. Whether aiming to establish a new retail presence or expand an existing portfolio, this property stands as a promising canvas for retail and street retail investors seeking to make a lasting impact in the Mesquite community.

Appraisal of Property 2025

PROPERTY FACTS

Sale Type

Investment

Sale Condition

Business Value Included

Property Type

Retail

Property Subtype

Service Station

Building Size

5,254 SF

Building Class

Year Built

1996

Price

$2,850,000

Price Per SF

$542

Cap Rate

4.84%

NOI

$137,941

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.10

Lot Size

1.15 AC

Zoning

CR-2, Mesquite

Parking

21 Spaces (4 Spaces per 1,000 SF Leased)

Frontage

165 FT on Sandhill Blvd.

AMENITIES

Drive Thru

ABOUT 325 N SANDHILL BLVD , MESQUITE, NV 89027

The investment property at 325 N Sandhill Blvd in Mesquite, NV, spans 1.15 +/- net acres and includes three well-established tenants: a 2,824-square-foot gas station, a 2,430-square-foot Jimmy John’s sandwich shop, and a 1,200-square-foot Fixxology. The property features a total rentable area of 5,254 square feet and has seen over $1 million in recent investments, including a new roof and HVAC system. Located at the northwest corner of North Sandhill Blvd and East Old Mill Road, it benefits from high-traffic exposure near popular brands like KFC and Dutch Bros. Both Jimmy John’s and Fixxology have their own dedicated drive-thrus, adding convenience and value for customers. With fully renovated spaces and stable tenants, this property offers a turnkey investment opportunity with strong potential for long-term value and steady occupancy.

MAJOR TENANTS

Jimmy Johns
-
-
-
Jan 2043

Terrible Herbst
-
-
-
May 2054

TENANT	INDUSTRY	SF OCCUPIED	RENT/SF	LEASE END
Jimmy Johns	-	-	-	Jan 2043
Terrible Herbst	-	-	-	May 2054

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AERIAL
MAP
TRAFFIC

325 N Sandhill Blvd, Mesquite, NV - AERIAL map view - Image1

325 N Sandhill Blvd, Mesquite, NV - AERIAL map view - Image2

325 N Sandhill Blvd, Mesquite, NV - AERIAL map view - Image3

325 N Sandhill Blvd, Mesquite, NV - AERIAL map view - Image4

325 N Sandhill Blvd, Mesquite, NV - AERIAL map view - Image5

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.

1 Mile

3 Mile

5 Mile

15 min drive

2024 Population

6,830

22,351

27,653

28,012

2029 Population

7,488

24,691

30,488

31,217

2024-2029 Projected Population Growth

9.6%

10.5%

10.3%

11.4%

Median Age

53.4

61.9

63.5

63.9

College Degree + Higher

18%

22%

23%

17%

Daytime Employees

3,717

7,681

8,379

9,025

Total Businesses

341

726

808

915

Average Household Income

$80,897

$77,633

$78,237

$79,332

Median Household Income

$61,648

$63,586

$64,337

$65,509

Total Consumer Spending

$88.7M

$308.2M

$389.9M

$398.1M

2024 Households

2,897

10,153

12,627

12,825

Average Home Value

$389,288

$396,430

$415,353

$423,372

PROPERTY TAXES

Parcel Numbers	Multiple 001-16-501-006 001-16-501-010 001-16-501-007 001-16-501-008 001-16-501-009	Improvements Assessment	$343,669
Land Assessment	$139,843	Total Assessment	$483,514